The cost of power has increased by Rs4.76 per unit for users in Karachi. It appears that the decision has been made to keep a uniform tariff across the nation.

Sources claim that the federal cabinet has given the go-ahead for K-Electric to raise the price of electricity.
The first quarterly adjustment has resulted in a rise of Rs3.21 per unit in the price of energy.

The second quarter adjustment includes an increase in the tariff of Rs. 1.55 per unit.

Sources claim that the extra fees will be collected between March and May 2023.

Including the lender’s suggestions, which include removing electricity subsidies provided to exporters and farmers, the updated plan differs from the one that was initially presented to the IMF last week.

Topics #electricity #K-Electric #rates